Babcock & Brown Ltd.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Australian stocks lower at noon
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Aussie sharemarket closes stronger
The Australian share market closed moderately stronger driven by an improvement in financial stocks and a positive lead from Wall Street.
End to worst year since 1982
THE sharemarket closed lower yesterday, despite a positive start, finishing the financial year substantially weaker.
Resources boost for market after slow...
THE sharemarket overcame negative early trading to close higher yesterday, boosted by strength among mining and oil stocks.
A barber's sharp question
Revenge can come quicker than the vanquished might imagine, as Ahmed Fahour discovered.
08/21/08
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Aussie stocks higher, led by resources
The Australian share market closed firmly in the black, driven by the resources sector after the commodities index recorded its biggest weekly gain in 33 years.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Stocks down in morning trade
Banks fall on concerns that corporate earnings in the US will be dissapointing as the economy slows.
04/08/08
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WA faces $6.7b gas bill
The gas shortage in Western Australia may cost $6.7 billion, the Chamber of Commerce and Industry says.
Stocks lower after US slide
The sharemarket is weaker after US stocks fall after lacklustre economic news on the housing market and the factory sector dampens investor optimism.
Stocks dive on US slump
The share market opens lower after US and European stocks slump.
Banks pull shares higher
The Australian share market opens higher after US stocks gain as the Federal Reserve keeps interest rates unchanged.
Market ends in sea of red as crude...
The sharemarket closed firmly in the red yesterday, with losses across all sectors after lower crude oil prices and continuing concerns about the state of credit markets.
Base metals lead market into the red
THE sharemarket was dragged into the red by mining giants Rio Tinto and BHP Billiton, which fell heavily in response to lower base metals prices overnight.
Battered stocks pare back losses
THE sharemarket recovered from earlier losses yesterday but still ended marginally in the red - taking its lead from a rout on Wall Street over the weekend.
Foster's board kept the glass too full
It's taken years for Trevor O'Hoy to discover what most of us learned as teenagers: that it is dangerous to mix your drinks. But the headache he has left his former employer,...
Banking tremor in US shakes sharemarket
THE sharemarket fell sharply yesterday after banking stocks were hit by more bad news from US investment bank Lehman Brothers and there was a late sell-off of resources stocks.
Wall Street woes spread down under
The sharemarket closed lower yesterday, weighed down by the financial sector after renewed concerns about credit issues on Wall Street.
06/03/08
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IT sector shines lone light as shares...
The sharemarket closed down more than 1 per cent yesterday on weaker resource stocks and industrials, the only bright spot being the information technology sector.
05/23/08
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ASX buoyed by earnings results
The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
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Bid for Origin buoys market as miners...
THE Australian sharemarket closed slightly lower yesterday, led by the major miners after commodity prices slipped.
Commander not in command
Even before the credit market meltdown mid-last year, Commander was struggling under a terrific weight of bank obligations.
ASX closes lower amid profit taking
The Australian share market closed in negative territory after profit-taking ended six consecutive days of gains.